Since its NYSE debut in November 2013, Twitter stock has grown 8.4% annually on average, below the S&P 500’s 11% and Nasdaq 100’s 15%, due to slow user growth (Bloomberg)

Joanna Glasner / Crunchbase News:
Analysis: 17 VC-backed Chinese companies that went public on Nasdaq and NYSE in the past 2 years have seen a ~91% average decline in their post-IPO stock price  —  Even before this past week, shares of China-based companies that went public on U.S. exchanges in recent years were performing terribly overall.

Frank Chaparro / The Block:
Sources: Nasdaq is exploring an institutional crypto custody service, pending regulatory approval, and a crypto-focused division called Nasdaq Digital Assets  —  – Nasdaq has been plotting a move into crypto custody, according to several sources.  — The move is in line with its broader mission …

Bloomberg:
Sources: Twitter and Elon Musk are preparing for his buyout to be completed by the October 28 court-issued deadline, thanks to a breakthrough between both sides  —  Advisers to Twitter Inc. and Elon Musk are hard at work trying to get the $44 billion deal closed by the end of the month, according to people familiar with the matter.

Kate Conger / New York Times:
Elon Musk takes Twitter private, merging the company with X Holdings, delisting from NYSE, dissolving the board, and moving to cash-based employee compensation  —  The social media company went public in 2013.  But Elon Musk is taking it private as part of his acquisition of the firm.

Jef Feeley / Bloomberg:
Sources: Elon Musk plans to skip his October 6 deposition by Twitter’s lawyers in Austin  —  Elon Musk won’t be showing up Thursday for a long-awaited deposition in Twitter Inc.’s lawsuit aimed at forcing him to go through with a $44 billion buyout of the company, according to people familiar with the matter.

Reuters:
Sources: Apple, Samsung, and Xiaomi express concerns over India’s home-grown GPS plan, arguing integrating the system would be costly and require new hardware  —  India is pushing tech giants to make smartphones compatible with its home-grown navigation system within months …